Sanofi CEO sees continued pressure on pricing

MUMBAI, Sept 30 Mon Sep 30, 2013 7:40am EDT

Related Topics

MUMBAI, Sept 30 (Reuters) - French drugmaker Sanofi expects global pressure on pricing to continue, Chief Executive Chris Viehbacher said on Monday in Mumbai.

Sanofi in August cut its 2013 earnings forecast as it reported a steeper-than-expected drop in second-quarter profit, hit by the effect of patent losses, currency fluctuations and an inventory setback in Brazil. (Reporting by Sumeet Chatterjee; Editing by Aradhana Aravindan)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.